Question: Sales MacCloud Industries has two divisions -- Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following
Sales MacCloud Industries has two divisions -- Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: CVP Income Statement Standard Premium Total $400,000 $600,000 $1.000.000 Variable costs 280.000 360.000 Contribution margin $120.000 $240.000 Total fixed costs $300.000 What is the weighted average contribution margin ratio? 45% 36% 35%
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